4Filed Aug 27, 8:00 PM ET

Koil Energy (KLNG) Director Neal Goldman Sells 6,125 Shares

$KLNG · Koil Energy Solutions, Inc.

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Koil Energy (KLNG) Director Neal Goldman Sells 6,125 Shares

What Happened
Neal I. Goldman, a director of Koil Energy Solutions, Inc. (KLNG), sold 6,125 shares on August 26, 2026 in an open-market or private sale. The reported price was $3.20 per share, with total reported proceeds of approximately $19,604. This was a sale (transaction code S), which is often a routine disposal rather than a purchase that might indicate increased insider confidence.

Key Details

  • Transaction date: 2026-08-26; reported filing date: 2026-08-28 (filed within the typical 2-business-day window).
  • Price per share: $3.20; reported total proceeds: ~$19,604.
  • Shares owned after the transaction: not disclosed in the provided filing data.
  • Transaction type: Sale (open-market or private sale); no footnotes (e.g., 10b5-1 plan, tax withholding) provided in the supplied information.
  • Filing timeliness: Appears timely (not marked late).

Context
Sales by directors can be routine (diversification, personal liquidity, etc.) and do not by themselves indicate company performance or outlook. Purchases generally carry more weight for signaling insider confidence. This Form 4 reports a straightforward sale; there is no indication here of option exercises, gifts, or other derivative transactions.